IDEAS home Printed from https://ideas.repec.org/p/hal/cesptp/halshs-03389630.html
   My bibliography  Save this paper

Les ménages au cœur de la financiarisation. Sur Risking Together, de D. Bryan et M. Rafferty

Author

Listed:
  • Bruno Tinel

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

In Risking Together, Bryan and Rafferty think in the manner of behavioural finance, but they think against it and invent Marxist behavioural finance. They show how households' subjectivity is reshaped by finance in their daily life, and how they unwittingly have become a key player in the production process of derivatives. Households are now integrated into finance on the supply side, through the securitization of their debt but also of their payments, and on the demand side through their savings. Households have collectively become net risk absorbers. What about the systemic issues of the financial loop in which households are now inserted? Considering the omnipotence of finance that transfers risks to households, the social institutionalization of default risk is now required.

Suggested Citation

  • Bruno Tinel, 2021. "Les ménages au cœur de la financiarisation. Sur Risking Together, de D. Bryan et M. Rafferty," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-03389630, HAL.
    • Handle: RePEc:hal:cesptp:halshs-03389630
    DOI: 10.3917/amx.070.0149
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-03389630
    as

    Download full text from publisher

    File URL: https://shs.hal.science/halshs-03389630/document
    Download Restriction: no
    File URL: https://libkey.io/10.3917/amx.070.0149?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Produits dérivés; titrisation; financiarisation; ménages; transfert du risque Derivatives; securitisation; financialization; households; risk transfer;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:cesptp:halshs-03389630. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.